# The International Monetary Fund (Increase in Subscription) Order 2011, Introduction: Introductory text


Draft Order laid before the House of Commons under section 1(2) of the International Monetary Fund Act 1979, for approval by the House of Commons.
International Monetary Fund
Made ***
Coming into force in accordance with article 1
Section 1(1)(a) of the International Monetary Fund Act 1979 (“the Act”) provides that the Treasury may, by order, authorise the payment of sums required for subscriptions to the International Monetary Fund in the event of proposals being made for increases in the United Kingdom’s quota under section 3(a) of Article III of the Fund’s Articles of Agreement. The Board of Governors of the Fund has proposed such an increase.
A draft of this Order has been laid before the House of Commons in accordance with section 1(2) of the Act and approved by resolution of that House.
Accordingly, the Treasury make the following Order in exercise of the power conferred by section 1(1)(a) of the Act.

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Source: https://www.legislation.gov.uk/ukdsi/2011/9780111512302/introduction (the official version)
Page: https://openlegislation.uk/draft-international-monetary-fund-increase-in-subscription-order-2011/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.